The invention provides a preparing method of tearing electret film method antibacterial flame-retardant antistatic radiation-prevention fancy composite yarn. The composite yarn is prepared from core yarn, fixed yarn and decorative yarn, the core yarn is aramid 1414 fiber and polytetrafluoroethylene fiber, the fixed yarn is color polyester fiber, and the decorative yarn is flame-retardant viscose,stainless steel short fiber, Amicor fiber and silver fiber. According to the fancy healthcare yarn with the functions of being antibacterial, flame-retardant and antistatic, preventing electromagneticwave radiation and the like, all fabric and high-end products prepared through the fancy healthcare yarn are high in strength, high in modulus, good in flame-retardant performance, excellent in antistatic performance, good in moisture adsorption and breathability, good in dyeing performance, good in elasticity, good in plumpness and the like, a bad reaction cannot occur when the yarn is in contact with the human body, the products are not easily damaged by worms and rotted, and the appearance is unique; moreover, the yarn has the healthcare functions of being antibacterial, sterile, bacteriostatic, good in electromagnetic-wave-radiation-prevention performance and the like, the comfort is excellent, the wear resistance is good, the color is natural, and the product is wide in purpose range.